Arjo stops deliveries to Russia due to the ongoing military invasion of Ukraine
Today Arjo announces that until further notice, the company has stopped all deliveries and production of equipment destined to Russia due to the ongoing Russian invasion of Ukraine. The decision has been taken in line with the powerful international sanctions against Russia. In 2021, Russia accounted for 0.2% of Arjo’s total revenue. According to the company’s forecast, equipment worth approx. 50 MSEK was planned to be delivered to Russia in 2022, mainly during the first half of the year. “Arjo strongly condemns Russia’s military invasion of Ukraine. We already see Russia’s actions